RCM Technologies, Inc. (RCMT) - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by RCM Technologies, Inc. on April 29, 2026. The filing discloses a change in the Company's independent registered public accounting firm. The Company is incorporated in Nevada and its common stock trades on The NASDAQ Stock Market LLC under the symbol "RCMT".
Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on the change in auditors and does not contain financial statement data for the current period.
Material Changes
The primary material change reported is the dismissal of EisnerAmper LLP ("Eisner") as the independent registered public accounting firm, effective April 29, 2026. Simultaneously, the Company engaged WithumSmith+Brown, PC ("Withum") as the new independent registered public accounting firm, effective the same date. Withum will audit the fiscal year ending January 2, 2027, and review interim financial statements for that year.
Management Commentary, Risks, and Contingencies
There were no disagreements between the Company and Eisner regarding accounting principles, practices, or auditing scope. However, Eisner previously communicated four material weaknesses in internal controls over financial reporting for the fiscal year ended January 3, 2026:
- Management did not design and maintain effective internal controls at the entity level and over business process cycles.
- Management did not design or maintain sufficient documentation during management review controls across financial statement areas.
- Management did not design and maintain effective controls related to risk assessment and monitoring activities.
- Management did not retain sufficient documentation to evidence controls over change management and logical access cycles for timekeeping systems.
The Audit Committee approved the decision to change firms. Withum had previously served as the Company's auditor for fiscal years ended in 2022, 2023, and 2024.
Key Facts for Investor Verification
- Verify the status of remediation efforts for the four material weaknesses in internal controls identified by the former auditor.
- Confirm the engagement letter terms and scope of work with the new auditor, WithumSmith+Brown, PC.
- Review the letter from EisnerAmper LLP (Exhibit 16.1) to ensure it confirms the Company's statements regarding the dismissal.
- Monitor upcoming financial reports for the fiscal year ending January 2, 2027, to assess the impact of the auditor change on financial reporting quality.